Post
Topic
Board Bitcoin Discussion
Re: Russia, Philippines, Indonesia and India support crypto the most
by
zernaloot29
on 24/06/2019, 16:43:54 UTC
I would not be surprised that there are a large number of cryptocurrency owners in Indonesia, Russia, India and other developing countries. Digital assets are not yet taxed, and are not prohibited, so that users can fear the impact of inflation on their savings. In addition, possession of tokens does not mean their big purchase. Many users get their share of cryptocurrency thanks to bounty campaigns.
Possession of tokens often does not shift to more profitable types of activity like trading. The main stream of people receiving cryptocurrency through the bounty, does it for short-term profit. They do not study trading strategies and are not very passionate about analytics, although investing is not so difficult to learn and the taklimakan platform is useful for improving their knowledge of cryptocurrency and trading.
Cryptocurrencies as a means for microloans and small investments are suitable for many people. And it is a pity that not all countries are so actively implementing services that are able to work with cryptocurrency. After all, it should not be the lot of the chosen people. Digital assets are a new way of saving and additional income, which is especially important when there are no clear guarantees for the economic security of your fiat funds in the country.